With the latest round of bidding resulting in no offshore wind contracts, what now for the sector?
The recent auction reflected the concerns over the contract for difference levels compared to the cost of construction.
It will be interesting to see what the next auctions bring.
Companies have been warning government officials that the maximum price they can bid per megawatt hour — the minimum price guarantee — had been set too low given inflation.
unknownx500
More posts by Margi Campbell
